Allocates 2.5% of net sports wagering proceeds to the Imported Seafood Safety Fund.
Louisiana HB109 allocates 2.5% of net sports wagering proceeds to the Imported Seafood Safety Fund. This fund, established under R.S. 40:5.10.1, is intended to ensure the safety of imported seafood. The bill amends existing law to direct the state treasurer to credit the fund with the specified percentage of sports wagering proceeds. Any remaining funds will be available as state general funds. This change aims to enhance seafood safety through dedicated funding.
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